USDINR - 04Feb2022 On the weekly, price bounced above 20EMA last week and the price is now pulling back. On the H4, price is bouncing higher with higher highs and higher lows. We could still expect price to bounce higher from here. This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 03Feb2022 On the H4, price invalidated the previous inverse h&s after price dropped and closed below the neckline. However, USDINR could still have further upside due to its higher time frame bullish momentum. This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 31Jan2022 On the daily, price bounced and closed above the ascending trendline and Fib resistance but faced bearish pressure and pulled back last Friday. We could expect USDINR to bounce higher in the short term. On the H4, price triggered a inverse h&s with upside target around 75.60. With the last Friday pull back, USDINR could resume upwards to its...
USDINR - 27Jan2022 On the daily, price bounced above 50MA and is now coming into ascending trendline + Fib resistance. There might be a pull back today. On the H4, price triggered a inverse h&s with upside target around 75.60. But daily and Stochastic is at resistance, therefore we could expect USDINR to have a short-term pull back today before bouncing...
USDINR - 25Jan2022 On the daily, price is flirting with the 50MA resistance. On the H4, price bounced to potential inverse h&s neckline around 74.65. Will be monitoring closely the price action at this level to see whether the inverse h&s will play out. This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 24Jan2022 On the daily, price bounced higher but faced bearish pressure and is consolidating just below the 20EMA. As long as the price didn't close above 74.70, we could expect price to face bearish pressure. On the H4, price pulled back below 38.2% Fib at 74.346. It could potentially pulled back to 61.8% at 74.115. If the price break above 74.70, we...
USDINR - 20Jan2022 On the H4, price had a fake breakout and flirted with the 74.70 resistance area. With the deeper pull-back playing out in the H1, we could expect price to pull back lower to 1st Support at 74.1150. This is for personal record purposes only, not financial advise or solicitation of trade.
USD INR is at a critical support level following a long running trend-line. Expect a reversal from this level in a couple of days to find good positions to enter.
USDINR - 19Jan2022 On the daily, price bounced and close back above the 20EMA and 200MA. With such bullish momentum, we could expect it to bounce higher to 1st Resistance at 74.780 today. On the H4, price has consolidated and ready to push up higher to 1st Resistance at 74.770. With Stochastic at resistance, it might just consolidate sideways and wait for...
DATE: 16 JAN 2022 INSTRUMENT: USDINR TREND: SELL TYPE: HIGH RISK. TIME FRAME: DAY CMP: 74.108 Sell Below: 74.049 STOP LOSS: 74.150 TGT 01: 73.976 TGT 02: 73.765 RISK DISCLOSURE: We are not S E B I registered analysts. VIEWS EXPRESSED HERE ARE FOR OUR RECORD PURPOSES ONLY. Please consult your personal financial advisor before investing. We are not responsible...
USDINR - 18Jan2022 On the daily, it is bouncing back to retest the 200MA where it is expected to face strong bearish pressure at around 74.400 On the H4, price has flirted with the strong resistance level around 74.40. It is expected for the price to at least pull back to 1st Support at 73.970. This is for personal record purposes only, not financial advise or...
USDINR - 17Jan2022 On the weekly, price dropped to 50MA before bouncing back. On the daily, it is bouncing back to retest the 200MA where it is expected to face bearish pressure around 74.400 On the H1, price played out the triangle pattern perfectly to 74.2250. On the H4, with the consolidating taking place, there could be a possibility of bouncing up to daily...
USDINR - 14Jan2022 On the H1, there is a small triangle breakout with upside target to H4 1st Resistance at 74.2250. As long as price does not close back below the triangle descending trendline, we can expect the target to be achieved. This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 13Jan2022 On the H4 timeframe, price tried to bounce before dropping back to previous lows around 73.75. As the bounce was not convincing enough, we could expect USDINR might go lower. This is for personal record purposes only, not financial advise or solicitation of trade.
USDINR - 12Jan2022 On the daily, price is coming into long-term ascending trendline support. We could expect price to find a short-term bounce from 1st Support at 73.58. On the H4 timeframe, price continued to drop lower. However it is coming into daily support. As Stochastic is also at support, we may see price to have a quick drop to 1st Support at 73.50...
They shows down side move eat premium both side so just play with level don't force your self in trade manipulation
USDINR - 10Jan2022 On the daily/weekly, price was not able to get a proper bounce from the 74.26 important support. As a result, we could anticipate price to go much lower. On the H4 timeframe, price opened lower below the 74.26 area. If the price close below 74.26, we could expect the price to drop lower to 1st Support at 74.00. This is for personal record...
USDINR - 07Jan2022 On the H4 timeframe, price bounced back from crucial level of 74.2650. As long as price holds above this level, we could expect it to bounce back to 1st Resistance at 74.7530. This is for personal record purposes only, not financial advise or solicitation of trade.